Four bonds, one lifecycle
SOLUTIONS / CONTRACT & CONSTRUCTION BONDS
The Most Complex Bond. The Most Demanding Underwriting.
For carriers and MGAs writing contract and construction bonds where the margin for error is lowest and the operational stakes are highest.
A bid bond rejected for a missing power of attorney cannot be corrected after submission.
Where Contract Bond Complexity Lives
Contract and construction bonds are not one bond. They are four — bid, performance, payment, and maintenance — each triggered at a different point in the project lifecycle, each with its own obligee requirements, forms, and legal consequences. Managing them as a single category on a platform built for simpler bond types means absorbing the gaps yourself.
Bid Bond
Guarantees the bidder will honor its price and sign the contract if awarded.
Performance Bond
Guarantees the work gets finished to spec if the contractor defaults.
Payment Bond
Guarantees subcontractors and suppliers get paid for their work and materials.
Maintenance Bond
Covers defects that surface after the project is inspected and accepted.
WIP Analysis Built Into the Underwriting File
WIP reviewed separately from financials
- WIP reviewed separately from financials
- Underbilling flags identified manually
- Bonding capacity calculated in spreadsheets
- File assembled across multiple systems
WIP and financials in one workbench
- WIP and financials in one workbench
- Risk signals surfaced automatically
- Capacity tracked against live aggregate limits
- Complete underwriting file in one place
Performance and Payment Bond Lifecycle
Once a bid is won, the bond obligation shifts from the bid phase into performance and payment tracking, often across multi-year timelines with change orders, subcontractor default risk, and consent of surety requirements. Artemis tracks every bonded project through its full lifecycle, from initial issuance through final release.
Reserved for customer logos, metrics, or an attributed quote once real traction data exists.
We don't populate this with invented proof.
See It Working on a Contract Bond Submission
Book a demo built around the bond types and workflows your operation runs on.